Yuliana Slashcheva

Russian government approves CTC Media sale

The Russian government has given the green light to CTC Media’s planned sale to UTH Russia-affiliated UTV Management. The Russian Government Commission responsible for the Control of Foreign Investments in the Russian Federation approved the deal, while CTC Media’s largest stockholder, MTG Russia, has also backed the sale in a proxy vote ahead of a […]

Russia’s CTC Media reports 74% plunge in net income

CTC Media’s net income plummeted 74% year-on-year in the second quarter with the firm blaming a “challenging” first half on regulatory, macroeconomic and commercial developments. Announcing its Q2 results, the Russian broadcast group reported net income of RUB241.5 million (€3.46 million), down from RUB940.9 million a year earlier. In dollar terms the profit drop was […]

CTC Media gets ready for Love

Russia’s CTC Media is set to launch a new female-skewing network called CTC Love at the end of March or beginning of April, according to CEO Yuliana Slashcheva. Speaking on the firm’s fourth quarter and full year 2013 earnings call, Slashcheva said that CTC staged a technical launch on February and is currently testing the […]

CTC Media boosted by channel gains

Russian broadcaster CTC Media reached its highest third quarter profitability level since 2009, with TV ad revenues climbing and two of its three Russian channels gaining market share. Announcing its third quarter results, CTC Media said that its CTC channel had now completed its shift to the older adult segment of the 10-45 year-olds and […]

CTC Media gains from ad growth, but profits slip

Russian broadcaster CTC Media reported a 10% increase in operating revenues in the second quarter thanks to ad market growth in the country, but saw net income slip by 7% year-on-year. The firm said that revenues for the quarter were US$206 million (€155 million), up 10% in dollar terms and 13% in ruble terms, reflecting […]

Russia’s CTC Media appoints new CEO

Russian broadcaster CTC Media has appointed Yuliana Slashcheva, the president of Russia-based communications consultancy Mikhailov and Partners, as its new CEO.   Slashcheva is due to start her new role effective August 1 and will succeed Boris Podolsky, who has been at the company for six years – first as chief financial officer and then chief […]